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'Wilful defaulter' Vijay Mallya should not continue on United Spirits board: IiAS

Sep 19, 2014

'Wilful defaulter' Vijay Mallya should not continue on United Spirits board: IiAS

The continuation of Vijay Mallya, who has been declared a 'wilful defaulter', on United Spirits board would constrain the company from raising debt in the country, according to proxy advisory firm IiAS. #Kingfisher Airlines #Vijay Mallya #United Spirits #wilful defaulter
Manmohan insisted KG D6 CAG audit shouldn't hurt private sector, says Vinod Rai's book

Sep 14, 2014

Manmohan insisted KG D6 CAG audit shouldn't hurt private sector, says Vinod Rai's book

Elaborating on the matter, which had snowballed into a major controversy with CAG accusing RIL of not being given access to books of accounts required for this audit, Rai said during one of his meetings Singh "felt that audit should not act as a dampener on the enthusiasm of the private sector to partner with the government". #India #Reliance Industries #A Raja #CAG #2G #Jet Airways #NPA #Bhushan Steel #RIL #loan #Vinod Rai #NELP #SK Jain #Etihad #Syndicate Bank #wilful defaulter #kingfisher airlinesm vijay mallya
Jailed Subrata Roy is paying the price for arrogance of power

Sep 09, 2014

Jailed Subrata Roy is paying the price for arrogance of power

Corporate defiance at a time when all institutions - from regulators to courts - are trying to re-establish their credibility is what has laid Vijay Mallya and Subrata Roy low. #Sahara Group #Supreme Court #Kingfisher Airlines #Vijay Mallya #Subrata Roy #OFCDs
Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Sep 05, 2014

Diageo won't get much out of its inquiry: Blame is on shoddy due diligence of United Spirits

Diageo had gone for merger given the fact that the Indian legal system gives mergers a better protection than it gives to takeovers. Amalgamation or merger has to have the High Court approval whereas takeover needs nobody's approval save compliance with the public offer mandate of SEBI takeover regulations at a price determined by the regulations. #SEBI #Vijay Mallya #Kingfisher #Diageo #United Spirits #United Breweries
Once declared wilful defaulter, Vijay Mallya will have to resign from all boards

Sep 03, 2014

Once declared wilful defaulter, Vijay Mallya will have to resign from all boards

Besides heading Kingfisher Airlines and his UB Group, Mallya is chairman of United Breweries, the Kingfisher beer maker now 38 percent owned by Heineken, and United Spirits, which is majority owned by Diageo. #Kingfisher Airlines #Vijay Mallya #IDBI #wilful defaulter #United Bank. United Spirits

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The real purpose of branding...is not what you think

Dec 01, 2012

The real purpose of branding...is not what you think

Why are we willing to pay more a Rolex than a Titan or a Casio? The value comes from branding - and information asymmetry #Kingfisher Airlines #Coca-Cola #Branding #Bisleri #Harley Davidson #In My Opinion #Kissan jam
Kingfisher crisis: Inflated egos lead to business disasters

Oct 23, 2012

Kingfisher crisis: Inflated egos lead to business disasters

Avoid investments in companies where managements let ego affect performance and this includes government-owned companies as well. #air india #ConnectTheDots #Kingfisher Airlines #Vijay Mallya #Kingfisher Crisis